St Modwen sells in Letchworth

[caption id="attachment_794650" align="alignright" width="200" class=" "]Letchworth-garden-city-THUMB.jpeg Letchworth Garden City[/caption] St Modwen has sold Letchworth Industrial Estate, Hertfordshire, for £12.3m to Cresta Estates, reflecting a net initial yield of 5.23%. Developed speculatively by St